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SU Schneider Electric SE

216.30
2.80 (1.31%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Schneider Electric SE EU:SU Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.80 1.31% 216.30 215.00 218.00 217.55 213.80 214.60 484,989 16:40:00

Schneider Electric Withdraws 2020 View Due to Coronavirus

23/03/2020 8:35am

Dow Jones News


Schneider Electric (EU:SU)
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From May 2019 to May 2024

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By Kim Richters

 

Schneider Electric SE said Monday that it is scrapping its 2020 guidance and implementing cost-management measures due to the coronavirus pandemic.

The French energy-management company said it will continue to concentrate on cash generation and increase the efficiency measures it has previously announced.

"At this stage and given the evolving landscape, it is too early to determine the full impacts on Group results, including possible benefits from government actions," it said.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

March 23, 2020 04:20 ET (08:20 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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